Other · DOL Form 5500 · 2023

Boston Medical Center Retirement Plan

Data updated 2026-08-25

$1.5B
Total assets Very large vs avg
10,493
Participants Very large workforce
99th
Percentile by assets National rank
$138,909
Avg per participant Near avg balance/head
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Official DOL plan name: Boston Medical Center 403(b) Retirement Plan · Sponsored by Boston Medical Center · Massachusetts · Healthcare & Social Assistance

$1.5B in assets, 10,493 participants

Boston Medical Center's Boston Medical Center 403(b) Retirement Plan reported $1.5B in total assets and 10,493 participants in its 2023 DOL Form 5500 filing, ranking in the 99th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #17,546 in Healthcare & Social Assistance (17,684 peers)

Coverage in Massachusetts

Boston Medical Center 403(b) Retirement Plan covers 10,493 participants in Massachusetts, 16x the typical Massachusetts plan (state average ~659 per filing). Assets: $1.5B.

#17,546
in Healthcare & Social Assistance (17,684 peers)
+19.1%
assets growth YoY
15×
vs typical plan assets (national mean)

Boston Medical Center 403(b) Retirement Plan's outsized position by total assets

Boston Medical Center 403(b) Retirement Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$1,457,573,972 Top 1% higher than 99% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Boston Medical Center 403(b) Retirement Plan's mega-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Boston Medical Center 403(b) Retirement Plan is a mega filing (10,493 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Boston Medical Center 403(b) Retirement Plan reported net income rose from -$215M in the plan year 2022 filing to $234M in the plan year 2023 filing.
  • Boston Medical Center 403(b) Retirement Plan reported participants rose from 8,481 in the plan year 2022 filing to 10,493 in the plan year 2023 filing.
  • Boston Medical Center 403(b) Retirement Plan end-of-year assets rose from $1.2B in the plan year 2022 filing to $1.5B in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 043314093 · Boston Medical Center PY 2023 · Other

Boston Medical Center 403(b) Retirement Plan · $1.5B · 10,493 · 99th

  • TYPE $1.5B
  • TYPE 10,493
  • TYPE 99th
  • TYPE Other
  • TYPE near The Moses H. Cone Memorial Hospital Voluntary Savings Plan
  • TYPE ind #17546

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Healthcare & Social Assistance retirement plans → · Plans in Massachusetts →

Boston Medical Center 403(b) Retirement Plan in the asset neighbourhood

Main Line Health, Inc. Retirement Savings PlanMain Line Health, Inc. Retir…$1.5BWest Virginia University Health System 403(b) Retirement Savings PlanWest Virginia University Hea…$1.5BBoston Medical Center 403(b) Retirement PlanBoston Medical Center 403(b)…$1.5BThe Moses H. Cone Memorial Hospital Voluntary Savings PlanThe Moses H. Cone Memorial H…$1.5BJohns Hopkins Health System Corporation 403(b) PlanJohns Hopkins Health System …$1.4B
End-of-year total assets ($B) among Boston Medical Center 403(b) Retirement Plan and nearest nationwide Other peers. Source: DOL Form 5500 plan year 2023.

Massachusetts filing particulars

Total Assets (Beginning of Year)$1.2B
Net Assets (End of Year)$1.5B
Net Income$234M
Employer EIN043314093
Plan Effective Date1996-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Boston Medical Center)

Sponsor-wide plan assets over time

All Boston Medical Center plans reported in each filing year

Latest sponsor-wide plan assets
$1.9B 35.178453131286105% vs 2022
2024 filing year
$1.2B$1.4B$1.6B$1.8B$2B 202220232024 $1.39B $1.87B ▲ +34.5%
Year Plans Participants Total Assets
2022 2 8,608 $1.4B
2023 2 10,603 $1.6B
2024 2 11,484 $1.9B

Nearby Other Plans in Massachusetts

Peer Other plans, same state, same plan type, ranked by total assets.

Boston Medical Center 403(b) Retirement Plan vs. nearby Other plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. 500010000150002000025000 12345 Total assets ($B) Participants Boston Medical Center 403(b) Retirement Plan, Total assets ($B): 1.457573972 · Participants: 10493Boston Medical Center 403(b) Retirement PlanThe Mitre Corporation Tax Sheltered Annuity Plan, Total assets ($B): 4.700618255 · Participants: 11980The Mitre Corporation Tax Sheltered Annuity PlanHarvard University Tax Deferred Annuity Plan, Total assets ($B): 3.76566072 · Participants: 21064Harvard University Tax Deferred Annuity PlanBoston University Retirement Plan, Total assets ($B): 2.758080647 · Participants: 8130Boston University Retirement PlanBeth Israel Deaconess Medical Center Voluntary 403(b) Plan, Total assets ($B): 2.396382678 · Participants: 13981Beth Israel Deaconess Medical Center Voluntary 403(b) PlanNortheastern University Retirement Plan, Total assets ($B): 2.333339945 · Participants: 8553Northeastern University Retirement Plan
Boston Medical Center 403(b) Retirement Plan vs. nearby Other plans in Massachusetts, assets vs. participants

Scale composition for Boston Medical Center 403(b) Retirement Plan

Boston Medical Center 403(b) Retirement Plan reports $1.5B in end-of-year assets across 10,493 participants (0.012% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.011% of 93,925,755 covered participants) - about $138,909 per participant (1.0x the national average assets-per-participant) . Net income for plan year 2023 was $234M.

This plan identity (EIN 043314093, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.2B to $1.7B (+40.1%) while covered participants moved from 8,481 to 11,386 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 8,481 $1.2B Open filing
2023 10,493 $1.5B This page
2024 · index core 11,386 $1.7B Open filing

The same sponsor also keeps 2 other index-core plans on PlainRetire:

Boston Medical Center 403(b) Retirement Plan's out-of-state Other peers by assets and headcount

Outside Massachusetts, the nearest Other by assets is The Moses H. Cone Memorial Hospital Voluntary Savings Plan in NC ($1.5B); by covered participants it is Caltech Base Retirement Plan in CA (10,682 participants). Same-state nearby plans are listed separately above.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Boston Medical Center 403(b) Retirement Plan assets move in 2023? ▼
Boston Medical Center 403(b) Retirement Plan grew sharply - up 19.1% during 2023, from $1.2B to $1.5B. Reported net income was $234M.
How have Boston Medical Center plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Boston Medical Center's sponsor-wide assets grew 35.2%, from $1.4B to $1.9B.
Where does Boston Medical Center 403(b) Retirement Plan rank by assets among Form 5500 filers? ▼
Boston Medical Center 403(b) Retirement Plan ranks in the 99th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the largest 1% of all filed plans).
Which Other plans are similar in size to Boston Medical Center 403(b) Retirement Plan? ▼
Among Other plans in other states, the closest by assets is The Moses H. Cone Memorial Hospital Voluntary Savings Plan in NC ($1.5B, 13,606 participants).
Which Other plans cover a similar participant headcount to Boston Medical Center 403(b) Retirement Plan? ▼
Among Other plans in other states, the closest by covered participants is Caltech Base Retirement Plan in CA (10,682 participants, $4.8B in assets).